For manufacturers, access to timely funds is essential for running operations, meeting working capital requirements, and driving business growth. Bajaj Finserv offers business loans of up to ₹80 lakh, designed exclusively for manufacturers. With no collateral required, instant online approval, minimal documentation, and quick disbursal within 48 hours*, these loans provide a hassle-free borrowing experience. Flexible repayment options of up to 96 months, the Flexi loan facility, and 24x7 account management make financing simple and affordable. Whether you want to expand production, upgrade machinery, or manage cash flow, our business loan empowers your manufacturing business with ease and convenience.
What is Business Loan for Manufacturers?
A business loan for manufacturers is a customised financial solution designed to help manufacturing businesses meet their capital needs. It can be used for purchasing raw materials, upgrading machinery, expanding facilities, or managing cash flow. These loans offer flexible repayment options and quick disbursal to support uninterrupted production and growth.
Features and benefits of business loan for manufacturers
-
Loan of up to Rs. 80 lakh
Meet the working capital requirements with a business loan for manufacturers from Bajaj Finserv.
-
Needs no collateral
Avail of a business loan from Bajaj Finserv without any collateral.
-
Online approval
Apply online for a hassle-free process and receive quick approval for your loan application within a few minutes.
-
Quick processing
Get funds within 48 hours* after approval due to our faster processing of loan applications.
-
Doorstep facility
To increase your convenience, we offer a doorstep facility. Our executives will visit your address for further processing.
-
Flexi loan facility
With the Flexi loan facility from Bajaj Finserv, lower your EMIs by up to 45%*.
-
Nominal documentation
Get a business loan for manufacturers from Bajaj Finserv by submitting a few documents.
-
Easy repayment
With repayment flexibility, pay off your loan with a tenor ranging up to 96 months.
-
24X7 account management
Manage your loan account anytime, anywhere with our online customer portal.
-
Check your pre-approved offers
Access exclusive features of business loan and deals with pre-approved offers extended by Bajaj Finserv.
Eligibility criteria and documents required for business loan for manufacturers
Business loans for manufacturers are available with Bajaj Finserv against easy to meet the business loan eligibility criteria.
-
Business vintage
At least 3 years
-
CIBIL score
Check your CIBIL Score for FREECredit score should be 685 or above
-
Age
24 to 80 years*
(*Age should be 80 years at Loan Maturity) -
Citizenship
Indian resident
Interest rate and charges on business loan for manufacturers
Bajaj Finserv offers business loans for manufacturers with nominal charges and a competitive business loan interest rate to ensure affordability. Transparent processing fees and cost-effective terms make it easier for manufacturers to access the funds they need without financial strain. To support better financial planning, you can use the business loan EMI calculator to estimate your monthly instalments in advance, gaining clarity on repayment terms and total borrowing costs.
How to apply for business loan for manufacturers
The steps to apply for a business loan are simple to follow and take very little time to execute. Here is a quick 4-step guide to follow:
- Click on ‘CHECK ELIGIBILITY’ to open the application form
- Enter your basic personal and business details
- Upload your bank statements for the last six months
- Receive a call from our representative who will guide you on further steps
Once approved, you will get access to funds in just 48 hours*
*Conditions apply
**Document list is indicative
Frequently asked questions
Bajaj Finserv offers an online EMI calculator to help you find the monthly instalments of your business loan for manufacturers.
Yes, since this financial product does not have end-use restrictions, one can meet any business requirements.
We do not levy any hidden charges. But you may have to pay additional charges mentioned on the loan agreement paper as and when necessary.
